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20110701
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be the most egregious example to date of widespread corruption in afghanistan. american taxpayer money, hundreds of millions of dollars, ending up in the hands of the taliban. a year-long u.s. military task force discovered that the money was siphoned from a $2 billion transportation contract to provide most of the supplies to american troops. a source with knowledge of the investigation has briefed cnn about how it all went down. we are joined now from the afghan capital, kabul. just tell us briefly, how did this happen? >> reporter: this is coming from an internal report, but basically what happened was trucking companies subcontracted out to local entities here, who then in turn subcontracted out to even more local providers. what happened was it turns out that some of those local, more local firms actually had some ties to nefarious elements, including the taliban. what we see here is a bulk of the transportation costs being filtered through some of these trucking companies and part of that money is actually ending up in the hands of the very individuals who are fighting nato force
and afghanistan, which republicans are likely to argue are not true cuts, so whose plan will prevail? in a conference call sunday boehner told his fellow house republicans i think we can win this for the american people, but then it's going to require some of you to make some sacrifices. if we stand together as a team, our leverage is maximized. they have to deal with us. >> that last comment was probably directed at the republican members who have said that they will not vote to raise the debt ceiling under any circumstances. speaker boehner will need their votes if he wants his legislation to win out in what is shaping up to be a partisan showdown. rebecca. >> cbs's nancy cordes on capitol hill. thanks, nancy. >>> if a deal does or does not happen, how does that affect most americans? joining us with answers is robin farzad, and already you are seeing the ripple effect of the uncertainty on the markets, but what's the ripple effect on average americans if this thing doesn't happen? >> it's mostly going to be psychological throughout the week. people perceive -- suddenly start perce
or daughter, husband or wife is in iraq or afghanistan, might cost them their check if we get three or four or of six days past august 2nd. >> i heard you say earlier we're seeing a generational divide in the house right now, the results of a generational divide. >> no question in the republican party there's a huge generational divide. as gloria just noted, a lot of these 87 freshmen, they're not career politicians. they were car dealers, maybe they were prosecutors. some of them were farmers. they don't feel bebeholden to the speaker. they think the people telling them to compromise are the people who built the pile of debt, the miss we're in right now. they don't truss them. remember a lot of people are making fun of them. a lot of people say these crazy tea party party. why won't they compromise? they won the last election. the last time america spoke they sent these people to washington. so they think that's what they were sent here to do. now, maybe the public's changed its mind. maybe the president and democrats have convinced them otherwise. but they just in november won an election
savings based on savings on troop levels in iraq and afghanistan. >> well, interesting enough while they're calling the overseas contingency operation dollars phantom funds, anderson, you may know they used those funds and put them in their own budget that they've already voted for and relied on. >> so where do you see this going? what do you think happens tonight? what do you think happens tomorrow? >> well, of course, i don't know what's going to happen tonight. obviously the republicans are meeting with themselves to see whether or not they have the votes to pass what john boehner has offered as a purely partisan alternative. we were not involved in those discussions. we were not involved in the decisions. and it's interesting that even in their own party it is deeply factionalized, deeply divided paint, divided against their leadership, angry at their leadership, and a party that is divided itself has difficulty working with the president or working with us. and that's unfortunate. and the country is the poorer for it. and the image of america is poorer for it. and i would hope that
of that is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save a trillion dollars. now republicans have called that a gimmick, a savings from wars that are winding down, even though, by the way, the same savings were counted in some republican budgets. reid's plan would not reform or cut medicare, medicaid, social security. also no changes to taxes. it would raise the debt ceiling by 2.4 trillion dollars. that would be enough to fund the government through next year's election. the boehner plan is considered more short term. it would raise the debt ceiling in two different steps. the first step would happen immediately raising the ceiling by a trillion dollars and spending cuts of 1.2 trillion over ten years. and get us to next year, right some we need a second vote to raise the debt ceiling again by another $1.6 trillion. that second increase would be contingent on more cuts. another $1.8 trillion in spending cuts and have to be agreed to by a bipartisan committee. >> so far, the debt stalemate has been a drag on the stock markets but not as bad as some of
eye. >>> the ultimate sacrifice, bute soldier who lost his life in afghanistan but gives his heart to a woman back home. we'll have the story coming up. a vacation on a budget with expedia. make it work. booking a flight by itself is an uh-oh. see if we can "stitch" together a better deal. that's a hint, antoine. ooh! see what anandra did? booking your flight and hotel at the same time gets you prices hotels and airlines won't let expedia show separately. book it. major wow factor! where you book matters. expedia. >> good morning, sunday, july 24th, i'm juliet huddy in for alisyn camerota, a "fox news alert," new developments in the norway terror attacks. the suspect claims responsibility, and, he says he acted alone as police try to learn the motivation behind the massacre. >> dave: could there be a breakthrough in the debt ceiling show down, john boehner says he has a plan, treasury secretary tim geithner says, it won't fly. stuart varney, is going to come up and say it is judgment day, and... >> as an elected official you think it is her job to defend the pledge of allegiance an
eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all agree tax loopholes are something we can do about, that's definitely an area we compromise on without any difficulty whatsoever. but the point is putting in a system of tax reform that is simpler, flatter, less cumbersome especially for our business owners in the cost of doing business. so this is what we're looking at. but we are definitely against any tax increases, any tax increases alone. martha: all right, so goldman sachs if they don't get $4 trillion, what happens is a plan that's short of $4 trillion in real spending cuts, they're likely to downgrade their rating on u.s. debt. what do you think about that? >> well, you know, that's unfortunately what we're face
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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